Downtown Manor

For Sale

603 Hall Ave, Killeen, TX 76541

This Killeen property for sale is located at 603 Hall Ave. Contact the listing broker for details on the current sale price for Downtown Manor. Downtown Manor is situated on a lot that is 0.26 acre in size.

Contacts

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 8,009 SF
  • Units 16
  • Lot Size 0.26 Acre
  • Additional Rent Contact for pricing
  • Year Built 1976
  • Date Updated Oct 24, 2024
603 Hall Ave in Killeen, Texas, is strategically situated near a variety of amenities and employment opportunities that enhance its appeal. Key employers in the area include DLA Distribution Red River, Central Texas College, and Seton Medical Center, all of which contribute to the local economy. Additionally, the property is just a short distance from Fort Hood, one of the largest military installations in the world, serving as a major employer and fostering a stable influx of residents.The Go-Getters Multifamily Team is excited to present the Downtown Manor Apartments, a 16-unit apartment community located in Killeen, TX. Built in 1976, this property features exclusively one-bedroom layouts. This investment opportunity offers multiple value-add avenues, including the implementation of a RUBS program to enhance NOI and the potential for significant rent growth by aligning current rental rates with the prevailing market rates.

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Highlights

  • Recent Capital Improvements
  • Seller Financing Available
  • Strong Cash on Cash Return Year 1

Attachments

Getting around

  • 79/100

    Walk Score ®

  • 52/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Killeen, TX
  • Neighborhood Killeen
  • Zip Code 76541
  • Market Central East Texas

Points of Interest

  • Texaco

    0.35 miles

  • Exxon

    0.39 miles

  • CEFCO

    0.86 miles

  • Valero

    1.08 miles

  • 7-Eleven

    1.24 miles

  • Shell

    1.67 miles

  • E-Z Way

    1.75 miles

  • Walmart

    2.03 miles

  • H-E-B Fuel

    2.04 miles

  • Tesla Supercharger

    4.95 miles

  • Parking Lot C

    4.90 miles

  • Killeen-Fort Hood Regional Airport Parking

    6.91 miles

  • Rental Lot

    6.97 miles

  • Short Term Parking (Killeen-Fort Hood Regional Airport)

    6.98 miles

  • Holiday Terrace

    0.81 miles

  • High Fye Inn

    0.95 miles

  • La Quinta Inn Killeen - Fort Hood

    1.50 miles

  • WoodSpring Suites Killeen

    1.72 miles

  • Fairfield Inn

    1.77 miles

  • Residence Inn

    1.81 miles

  • Holiday Inn

    1.82 miles

  • Candlewood Suites

    1.86 miles

  • Courtyard

    1.89 miles

  • Quality Inn

    1.90 miles

  • Warrior Way Commissary

    0.93 miles

  • O Mart

    1.23 miles

  • Big Lots

    1.28 miles

  • HomeSmart

    1.32 miles

  • USA Living

    1.48 miles

  • USA Discounters

    1.49 miles

  • Killeen Mall

    1.92 miles

  • Dillard's

    1.95 miles

  • Burlington

    1.96 miles

  • JCPenney

    2.04 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial